PLATFORMESTATE
Bali · Institutional Land Acquisition

Institutional
land acquisition
in Bali.

Corporate ownership via PT PMA + HGB — state-certified for 80 years, not a depreciating leasehold contract.

View Financial Model
Sources · Colliers · Knight Frank · JLL · Bank Indonesia
Example Tier · Base ScenarioIndicative

Bali HGB · 2,000–3,000 m² bare-land plot

HGB 80-year · PP No. 18/2021, Pasal 37(1)

Ticket$270K
Projected CAGR12.7%
10-Yr Exit (Gross)$270K$892K
ScopeBare plot · Build optional
Base case · taxes not deducted · use calculator for your inputsOpen calculator
The Problem · 2026

Leasehold is rent — and it's running out.

A 25-year leasehold is a depreciating contract. Every year the remaining term shrinks, the secondary market discounts it harder, and the 2040 resort-zone cliff gets closer.
Indicative leasehold value · $300K initial
−$12,000/ year, avg
Remaining term
25 → 14 yrs
2040 Cliff
Y0 · $300KY10 · $180KY20 · $45K
01
Depreciating
No capital appreciation
Value falls with the remaining term. You paid rent in advance.
02
Unprotected
Personal WNA exposure
Double taxation, nominee risk, no corporate shield.
03
Deadline
2040 resort-zone cliff
Most Bali coastal leaseholds expire around 2040. Market is already pricing it.
The Solution

Ownership via PT PMA + HGB.

A fully compliant PT PMA company holds the land through an HGB state certificate — 80 years, corporate, transferable, recognized under UUPA No. 5/1960.
Layer 1 · Investor
You · 100% shares
WNA shareholder
Layer 2 · Entity
PT PMA
Indonesian foreign-capital LLC
Layer 3 · Title
HGB Certificate
30 + 20 + 30 = 80 years
Legal basis
PP No. 18/2021, Pasal 37 Ayat (1) · UUPA Law No. 5/1960 — HGB = Hak Guna Bangunan, "Right to Build".
Read the statute
Investor Case Studies

Realized and Active Deals

Two examples of Bali market transactions with transparent economics: from purchase to resale or revaluation.

Buleleng Regency

21 areFlipping Strategy

Sold (Exit)

Deal in an area with active influx of developers from the south.

2024Purchase35M IDR
18 moHold & Prepare
2026Sale53M IDR
Price Growth / Are
+51.4%
Net Profit
+$17,800
Net ROI
+38.6%
CAGR ~17.7%

Nusa Dua, Banjar Mumbul

30 areLand Banking Strategy

In Portfolio

Purchased during the post-COVID window with a bulk discount.

2023Purchase480M IDR
2024Protective Build
2025Market Growth
2026KJPP Valuation840M IDR
Price Growth / Are
+75.0%
Net Profit(paper)
+$580,000
Net ROI
+65.2%
CAGR ~18.2%

Conservative Approach

These cases show returns above the market average (due to precise micro-market selection and entry point). In our financial models, we assume a conservative 10% annual growth, which is lower than the historical CAGR (12.6%).

Active Lots

Current Listings

~40 lots in the catalog. Updated weekly.

Lot #042 — Berawa
Lot #042

Berawa

Area2,400 m² · HGB 80
Price$780,000
CAGR forecast15%
Optimal strategyHold + Build (3 villas)
Details
Lot #038 — Uluwatu
Lot #038

Uluwatu

Area3,100 m² · HGB 80
Price$1,050,000
CAGR forecast17%
Optimal strategyHold + Build (4 villas)
Details
Lot #055 — Ubud
Lot #055

Ubud

Area1,800 m² · HGB 80
Price$420,000
CAGR forecast12%
Optimal strategyFlipping
Details
Lot #061 — Canggu
Lot #061

Canggu

Area2,100 m² · HGB 80
Price$690,000
CAGR forecast14%
Optimal strategyPure Hold
Details
What you'll get

These Results Started With a Single Conversation

Every deal above began with an investor asking the same question you have right now. Get a curated land selection and a financial model built for your budget.

Curated land catalog with current listings
Personalized ROI & financial model
30-min strategy call with our team
Three Strategies

Three Investor Strategies

From quick flipping to generational hold — three honest models for working with HGB land on Bali.

Recommended Strategy

Hold + Build + Rent

2.5×Capital Multiple
~18%IRR over 10 years
~8%Rent yield

PT PMA acquires land via HGB for 80 years, builds villa(s) and leases them long-term (annual contracts at $12–15K/year for 1–2BR).

First 2–3 years — investment phase: CAPEX for construction. From year 4 — stable rental yield ~8% of NAV. In parallel, land and building capitalization grows.

Exit at year 10: sell a ready income-producing asset at cap-rate method — 15–25% premium over sum-of-parts.

Request a calculation
2–3 years

Flipping

25–40%ROI over 2 years

Buy land on a growth curve, fast pre-development (permits, zoning, utilities) and exit to another developer. Suited for experienced investors.

Learn more
Long-term / inheritance

Pure Hold

12–17%Land CAGR

Passive land holding without construction. Minimal operational risks, capital grows with the market. Suited for diversification or inheritance transfer.

Learn more
Need the build too?

Land + turnkey construction

If you want to go beyond land-only — our crew builds on your HGB plot. 20+ years on Bali with Pak Nyoman's team.

Fixed-price contracts

Architectural + PBG/IMB included

6–8 months to completion

Financial Model

The numbers you'll see in the PDF

All three strategies at the same $270K budget, 10-year horizon, base scenario CAGR 12.7%.
Strategy 01 · ⭐ RECOMMENDED

Hold + Build + Rent

Total Equity, Year 10
$705K

Land + 2 villas 2BR for rental. Best risk/return balance. Money works from Year 2.

NAV + cumulative cash by year

Net Profit
$765K
ROI
153%
IRR annualized
9.7%

Calculations based on default assumptions for the base scenario. Full financial model with your parameters — in the calculator or in the PDF memorandum.

PP 34/2017 · PP 34/2016

Side by Side

Leasehold vs HGB.

The same land in your hands — two entirely different assets. One runs down; the other compounds.
Leasehold
The rent trap
Depreciating
Legal status
Depreciating rental contract
Term
25 years, shrinking
Capital appreciation
None (value falls)
Taxation
Personal WNA exposure
Exit liquidity
Thin secondary market
Build rights
Often restricted
PT PMA + HGB
The asset
Appreciating
Legal status
State-certified corporate title
Term
30 + 20 + 30 = 80 years
Capital appreciation
Full market upside
Taxation
Corporate (PT PMA)
Exit liquidity
Transferable shares
Build rights
PBG permit built-in

PP 18/2021 Pasal 37 · Full legal analysis →

Roadmap

Your Path to a Hard Asset

A transparent process from the first deposit to the final exit. We guide you at every stage.

1

Deposit & Fixation

$5,000 (refundable). Securing conditions and starting the land search.

Instantly
2

PT PMA Registration

Establishing your company in Indonesia. You are the 100% owner and director.

~3 weeks
3

Land Audit

Legal and zoning due diligence (Yellow/Pink Zone only).

2-3 weeks
4

Transaction (BPN)

Signing at the state notary (PPAT). Direct payment to the seller.

~1.5 months
5

Asset on Balance Sheet

Receiving the HGB certificate. The land is officially registered to your company.

Done
6

Marketing

Packaging the asset, initiating negotiations with developers and local investors.

Ongoing
7

Protective Construction

Securing PBG and building a minimal structure to protect the HGB status.

Year 2
PP 18/2021 compliance — protects your HGB title
8

Exit

Selling the asset, structuring the deal, and legally withdrawing capital.

Goal
FAQ

Questions from institutional investors.

This is a myth. HGB literally translates to 'Right to Build'. It is a state title that explicitly grants the right to construct permanent buildings under UUPA Law No. 5/1960 and PBG permitting under PP No. 16/2021.

Full legal & tax analysis →

About Us

PT PLATFORM CAPITAL GROUP

A licensed Indonesian company that handles the full cycle of land investment in Bali — from PT PMA setup and land sourcing to asset management and exit. No middlemen, no gray schemes.

15+
Deals Completed
$10M+
Total Deal Volume
2022
Operating Since
4
Working Languages

Licensed Legal Structure

We don't use nominee schemes or workarounds. Every transaction goes through PT PMA + HGB — the only structure recognized by Indonesian law for foreign land ownership.

End-to-End Execution

Company registration, land audit, notary transaction, tax filing, protective construction, marketing, and exit — all handled under one roof.

Aligned Incentives

Our fee is built into the land price on the seller side. You pay a fixed acquisition price with no hidden markups. We succeed when you exit profitably.

Next Step · Private Call

Get your Bali allocation plan.

No obligation, free consultation with our structuring team. Reply within 24 hours. Confidential.
Real estate carries risks. Past performance does not guarantee future results. Your data is confidential.
Or pick a slot · GMT+8
Bali team, 30-minute call, Telegram or Zoom.
Licensing
PT PMAKBLI 68110, 68200
NIBOSS Risk Based · Bali
NotaryPPAT certified
EscrowRegulated IDR account
Platform Estate — Bali Land Investment via PT PMA + HGB | Platform Estate